Menu
17/11/2009
Crucial Dáil Budget Debate Begins
A crucial debate on what next month's Budget may hold is scheduled to take place in the Daíl today.
The Government has already mooted a range of highly contentious cuts, including reductions in the minimum wage, benefits and public sector pay, attracting waves of criticism from the opposition parties.
Government Chief Whip Pat Carey yesterday said the Coalition would listen to views and analysis from across the political spectrum on how best to return the country to growth.
However, Fine Gael and Labour have both said the Government was "looking to them for cover".
"[The Government] want us to spell out every detail even down to the price of knitting needles,” Fine Gael leader Enda Kenny said.
Fine Gael have so far not presented a complete economic strategy would but said it would be publishing its plan ahead of the Budget.
Sinn Féin have published their pre-budget submission, calling for the raising and saving of €7.5bn and the spending of €3.2bn in a stimulus package to encourage economic recovery.
Among its proposals, the party is calling for a third rate of tax on incomes over €100,000, the abolition of the PRSI ceiling and a 1% wealth tax on all assets worth more than €1million.
Labour's Eamon Gilmore said his party would publish proposals in the coming weeks showing how saving €4bn could be done in such a way as to minimise the hardship on those who could least bear it.
The budget is due to take place on December 9th and is expected to be one of the toughest in modern Irish history.
(DW/BMcc)
The Government has already mooted a range of highly contentious cuts, including reductions in the minimum wage, benefits and public sector pay, attracting waves of criticism from the opposition parties.
Government Chief Whip Pat Carey yesterday said the Coalition would listen to views and analysis from across the political spectrum on how best to return the country to growth.
However, Fine Gael and Labour have both said the Government was "looking to them for cover".
"[The Government] want us to spell out every detail even down to the price of knitting needles,” Fine Gael leader Enda Kenny said.
Fine Gael have so far not presented a complete economic strategy would but said it would be publishing its plan ahead of the Budget.
Sinn Féin have published their pre-budget submission, calling for the raising and saving of €7.5bn and the spending of €3.2bn in a stimulus package to encourage economic recovery.
Among its proposals, the party is calling for a third rate of tax on incomes over €100,000, the abolition of the PRSI ceiling and a 1% wealth tax on all assets worth more than €1million.
Labour's Eamon Gilmore said his party would publish proposals in the coming weeks showing how saving €4bn could be done in such a way as to minimise the hardship on those who could least bear it.
The budget is due to take place on December 9th and is expected to be one of the toughest in modern Irish history.
(DW/BMcc)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
07 September 2011
FG Two-day 'Think-In' Underway
The Taoiseach Enda Kenny has gathered the special Fine Gael Parliamentary Party this week in the latest summit before the Dail term opens next week. The Fine Gael Parliamentary Party began their two-day 'think-in' in Galway, while Labour concludes theirs in Carlow.
FG Two-day 'Think-In' Underway
The Taoiseach Enda Kenny has gathered the special Fine Gael Parliamentary Party this week in the latest summit before the Dail term opens next week. The Fine Gael Parliamentary Party began their two-day 'think-in' in Galway, while Labour concludes theirs in Carlow.
25 September 2009
Work Planned For 100 NI Schools
The Stormont Executive is providing new buildings for over 100 local schools, Finance Minister Sammy Wilson has said Mr Wilson was speaking during a visit to the construction site at Banbridge Academy. He stressed the importance of investing in new school buildings. "The Executive is committed to investing in the future of Northern Ireland.
Work Planned For 100 NI Schools
The Stormont Executive is providing new buildings for over 100 local schools, Finance Minister Sammy Wilson has said Mr Wilson was speaking during a visit to the construction site at Banbridge Academy. He stressed the importance of investing in new school buildings. "The Executive is committed to investing in the future of Northern Ireland.
21 April 2009
Tesco 'Missing Out' On Cross-Border Shoppers
Tesco - while making billions in the UK - is having a harder time in the Republic of Ireland. According to an internal memo obtained by a grocery trade journal, Tesco is being forced to cut prices in the Republic, and the supermarket giant is concerned that like-for-like sales are "well below expectations".
Tesco 'Missing Out' On Cross-Border Shoppers
Tesco - while making billions in the UK - is having a harder time in the Republic of Ireland. According to an internal memo obtained by a grocery trade journal, Tesco is being forced to cut prices in the Republic, and the supermarket giant is concerned that like-for-like sales are "well below expectations".
04 March 2011
Budget Spending Close To Agreement
There have been both winners and losers as a 'final' budget package is presented to a special session of the Stormont Assembly today. The package has also had both backers who favour the harsh economic measures and those who have opposed it - and even voted against the deal.
Budget Spending Close To Agreement
There have been both winners and losers as a 'final' budget package is presented to a special session of the Stormont Assembly today. The package has also had both backers who favour the harsh economic measures and those who have opposed it - and even voted against the deal.
08 December 2010
Budget To Get Ireland 'Back On Our Own Feet'
Minister for Finance Brian Lenihan's widely feared 2010 budget has slashed welfare and increased taxes, prompting heckles within the Dáil that the measures were "an attack on the poor".
Budget To Get Ireland 'Back On Our Own Feet'
Minister for Finance Brian Lenihan's widely feared 2010 budget has slashed welfare and increased taxes, prompting heckles within the Dáil that the measures were "an attack on the poor".
-
Northern Ireland WeatherThis Evening and Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
